- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0003538

About Fresco Plus Ceramic Private Limited
Data last updated:
Fresco Plus Ceramic Private Limited is a private limited company based in Rangpar, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 26 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2013PTC075787. Its GSTIN is 24AACCF2191G1ZX (Gujarat).
The company has an authorised share capital of ₹4.1 Cr and a paid-up capital of ₹4 Cr. It is led by directors Kevalbhai Bharatbhai Dhoriyani and Ghanshyambhai Maganbhai Dhoriyani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Survey No. 338 Rangpar Tal. Morbi Dist. Rajkot, Gujarat, India – 363642.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.58 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹40.96 Lakh (net margin -5.4%) and EBITDA of ₹74.67 Lakh (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.88 Cr and satisfied charges of ₹8.75 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 2 cases are pending.
Fresco Plus Ceramic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0003538). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frescoplusceramic.com.
Company details
Recognitions & Rankings of Fresco Plus Ceramic
Contact details
Fresco Plus Ceramic Private Limited's registered office is in Rangpar, Gujarat. Its website is frescoplusceramic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 338 Rangpar Tal. Morbi Dist. Rajkot, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Fresco Plus Ceramic Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Fresco Plus Ceramic is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Fresco Plus Ceramic Private Limited, buy the company report.
Financials of Fresco Plus Ceramic Private Limited
FY 2022 filings availableFresco Plus Ceramic Private Limited reported revenue of ₹7.58 Cr (down 29% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 35% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.58 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹74.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹40.96 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | -5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Fresco Plus Ceramic Private Limited, buy the company report.
Board of directors of Fresco Plus Ceramic Private Limited
Fresco Plus Ceramic has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kevalbhai Bharatbhai Dhoriyani Also directs: Rubric Ceramics LLP | Director | 09 Feb 2019 | 7 Years 8 Months | Current |
| Ghanshyambhai Maganbhai Dhoriyani | Director | 26 Jun 2013 | 13 Years 4 Months | Current |
Auditor
Fresco Plus Ceramic Private Limited is audited by BHARAT SAPOVADIYA AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARAT SAPOVADIYA AND ASSOCIATES | FY 2022 | 134648W |
Shareholding
The shareholding of Fresco Plus Ceramic Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fresco Plus Ceramic Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Feb 2022 | 100541800 | Axis Bank Limited | ₹1.15 Cr | Open | |
| 09 Feb 2022 | 100542931 | Axis Bank Limited | ₹78.42 Lakh | Open | |
| 17 Jul 2020 | 100358945 | Axis Bank Limited | ₹69.71 Lakh | Open | |
| 28 Feb 2020 | 100331036 | Axis Bank Limited | ₹1.75 Cr | Open | |
| 27 May 2018 | 100179396 | Axis Bank Limited | ₹1 Cr | Open |
To see the full charge records of Fresco Plus Ceramic Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Fresco Plus Ceramic Private Limited has 11 court cases on record: 5 filed by Fresco Plus Ceramic, 6 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 6 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Court case (CR EN) | Filed against the company by Axis Bank Ltd. Through Autho. Offi. Pankaj Mansukhbhai Kansagra | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
| District court, MORBI, Gujarat | Commercial matter | Filed against the company by an individual | Disposed |
| District court, MORBI, Gujarat | Commercial matter | Filed against the company by an individual | Disposed |
To see the full case history of Fresco Plus Ceramic Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Fresco Plus Ceramic Private Limited was last rated by Crisil on 10 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Nov 2020 |
To see the full credit ratings and regulatory alerts of Fresco Plus Ceramic Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fresco Plus Ceramic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fresco Plus Ceramic Private Limited has a workforce of 12 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Fresco Plus Ceramic has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCF2191G1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fresco Plus Ceramic Private Limited, buy the company report.
Recent activity
Fresco Plus Ceramic Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Manojbhai Rameshchandra Kacharola ceased to be Director on 12 May 2022.
8 earlier events are in the company report.
Frequently asked questions
Fresco Plus Ceramic is an active private limited company based in Rangpar, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 26 June 2013 (13+ years old) and is registered under CIN U26933GJ2013PTC075787.
Fresco Plus Ceramic has 2 current directors:
- Kevalbhai Bharatbhai Dhoriyani - Director
- Ghanshyambhai Maganbhai Dhoriyani - Director
The latest financial statements of Fresco Plus Ceramic on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Fresco Plus Ceramic is 24AACCF2191G1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Fresco Plus Ceramic is U26933GJ2013PTC075787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fresco Plus Ceramic has 11 court cases on record: 5 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Fresco Plus Ceramic was incorporated on 26 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Manojbhai Rameshchandra Kacharola ceased to be Director on 12 May 2022. Rajeshbhai Prabhubhai Amrutia ceased to be Director on 13 Nov 2019. Rameshbhai Prabhubhai Vadsola ceased to be Director on 13 Nov 2019. Fresco Plus Ceramic has 5 board changes on record in total.
Yes, Fresco Plus Ceramic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0003538).
Fresco Plus Ceramic can be reached through the website frescoplusceramic.com. Its registered office is in Rangpar, Gujarat, India.